Explain what is make-or-buy analysis

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Reference no: EM133199965 , Length: Word count: 3 Pages

Assignment Task: The Importance of Make-or-Buy Analysis

Explain the importance of planning (i.e., Plan Procurement Management as described in Part 1, Section 12.1.2 of the PMBOK® Guide) as a foundational activity in the procurement process in a two- to three-page paper (cover page and reference page are required and not included in the page count) and using your research skills address the following:

1. Explain what is Make-or-Buy analysis?

2. What can happen if procurement processes are built on poor planning?

3. What are the benefits of a Make-or-Buy analysis?

Reference no: EM133199965

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